New York Daily News

After Amazon, a new big biz cools on city

- BY CHRIS SOMMERFELD­T

Amazon’s New York City pullout is causing ripple effects. Illinois billionair­e Ken Griffin said Thursday he’s having second thoughts about moving his financial firm to the city in light of Amazon’s decision to scrap plans for new headquarte­rs in Queens amid intense political opposition. “The current climate in New York has dramatical­ly reduced our interest in moving our headquarte­rs here,” the 50-year-old founder of investment behemoth Citadel said during an interview on Bloomberg Television, adding Amazon’s exit was “a loss for everybody.” Griffin, who’s worth nearly $10 billion, said he started thinking about moving Citadel to New York after recently uying a $238 milion penthouse near Central Park — the riciest home sale ver in the U.S. “I’m actually in New York every sinle week,” Griffin aid. “We pay the New York investment banks roughly 1 billion a year in evenues . ... The partment presents he possibilit­y it might be home for me, and Citadel could e headquarte­red in New York one day.” But, after Amazon bandoned plans to uild its second mega ampus in Long Isand City last month, Griffin wasn’t so sure nymore. “I’m a bit frustrated y the political winds in the city over the last two months,” he said. “Amazon opting out of New York is heartbreak­ing.” Gov. Cuomo and Mayor de Blasio championed the Amazon deal and argued it would be an incredible economic boost for the city. But progressiv­e politician­s and activists were outraged that the deal offered billions in tax breaks for Amazon, and the opposition was strong enough for the retail giant’s CEO, Jeff Bezos, to reverse course and cancel the developmen­t on Feb. 14.

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